Banks want between 15% and 20%, on average.— Shaun Rademeyer, BetterLife Home Loans
The slowing economy has not as yet caused a decline in the percentage of home loans applications that banks approve.
Banks have, however, started to raise deposit requirements in recent months.
The Money Show’s Bruce Whitfield interviewed BetterLife Home Loans CEO Shaun Rademeyer.
Scroll down for quotes from the audio below.
Banks are managing risk with higher deposits.— Shaun Rademeyer, BetterLife Home Loans
It’s not just about your personal track record, but also about the area in which you’re buying.— Shaun Rademeyer, BetterLife Home Loans
A bigger deposit gets you a better interest rate.— Shaun Rademeyer, BetterLife Home Loans
Please share this with your Ford-driving friends. Fire hazard, again! They must "immediately” contact a dealership.
State Capture… Corruption… it just goes on and on! The Money Show’s Bruce Whitfield interviews Sygnia CEO Magda Wierzycka.
The 159-year-old icon failed to evolve. Bruce Whitfield interviews Aurik Business Accelerator founder Pavlo Phitidis.
Is the spectacular rise in the value of Bitcoin realistic? Bruce Whitfield interviews Personal Financial Advisor Warren Ingram.
Take these 5 steps, says Personal Finance Consultant Samke Ngwenya, and you’ll have your bank’s approval in no time.
A new cellphone application helps people access their credit profiles and safely upload their full credit reports.
Wits associate professor of economics Christopher Malikane speaks to Azania Mosaka about the term that is being bandied about.
How did Ngebulana build his empire? The Money Show’s Bruce Whitfield interviewed him for his weekly “ShapeShifter” feature.
"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.
Bruce Whitfield interviews a Portfolio Manager about what she believes are the hottest stocks right now.
Flux Trends founder Dion Chang gives five reasons why he believes getting a degree is past its sell by date.
Want (or need) a new car? Dale Scorer (a wealth manager at AlphaWealth) reckons you should consider leasing.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?